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   Highlights of the Israeli High-Tech, Private Equity & Venture Capital Industry           10/09/2010  


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Kamada raises further NIS 6 million
Published by: Globes
www.globes.co.il
Gali Weinreb
10/05/2009

The latest investment follows the $7 million that the company raised last week.

Biopharmaceutical company Kamada Ltd. (TASE:KMDA) today announced that it had expanded its latest round of fund raising with a NIS 6 million investment from Meitav Provident and Pension Fund Ltd. And from Meitav Mishan Provident Fund Management Ltd.
Last week Kamada reported that it had raised $7million from its founder Ralph Hahn and investment group UDT Med Holdings and that it was open to an additional $15 million in investments by June.

Kamada CEO David Tsur said that the company was conducting a kind of road show to Israeli institutional investors in order to raise investment to fund its upcoming and final clinical trial before marketing its Alpha-1 Antitrypsin (AAT) product for treating respiratory diseases.





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Articles & information compiled and edited by Marianna Shapira
The most complete volume of Israel’s high-tech & venture capital industry. The yearbook includes data on Israeli technology companies, VC investors and more.

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